Can Adani Do A Dhirubhai?

The last time a bear attack was launched on a controversial businessman was when a cabal of brokers launched an assault in the early 1980s on what they thought was an over-priced Reliance share, recalls T N Ninan. Gautam Adani has a fight on his hands. Whether or not you think his group’s rebuttal of the appropriately named Hindenburg report […]

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Asian Shares Mostly Lower In Cautious Trade; China Reopens On Positive Note

Asian stocks fell broadly on Monday as investors looked ahead to a busy week of central bank announcements and earnings updates from U.S. tech heavyweights Amazon, Apple, Alphabet and Meta Platforms. Chinese shares eked out modest gains as traders returned to their desks after a week-long holiday. China’s Shanghai Composite index edged up 0.14 percent to 3,269.32 as the country […]

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Bruce Springsteen Ticket Prices Cause ‘Backstreets’ Fanzine To Shutter In Protest

Backstreets, the respected Bruce Springsteen fanzine, is calling it quits to protest the “dynamic pricing” that has led to sky-high concert ticket costs. “After 43 years of publishing in one form or another, by fans for fans of Bruce Springsteen, it’s with mixed emotions that we announce Backstreets has reached the end of the road,” publisher and editor-in-chief Christopher Phillips wrote in an editorial. Backstreets […]

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Ford Crushes Rivian

Ford sold shares in Rivian worth about $3 billion last year. It got out just in time. Rivan continues to be troubled, and its future is little better than cloudy. The press reported two key executives had left just a few weeks earlier. And it announced a second round of layoffs. The fact that Ford abandoned it was a final […]

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Daniel Hoff Agency Expands With Addition Of Atlanta Office

EXCLUSIVE: Leading boutique firm, the Daniel Hoff Agency, is celebrating an impressive 30-year track record in entertainment via an expansion into Atlanta with a new office to be led by senior agents Renee Banks and Marta Parrillo. Banks and Parrillo are both longtime veterans of the Daniel Hoff Agency who had previously been based in Los Angeles. The agency, with […]

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Chevron Q4 Profit Up 25%, But Misses Estimates

Integrated energy company Chevron Corp. (CVX) reported Friday that profit for the fourth quarter increased 25 percent from last year, reflecting 17 percent revenue growth amid higher realizations and higher margins on refined product sales. Adjusted earnings per share missed analysts’ estimates, while quarterly revenues topped it. In the pre-market trade on the NYSE, CVX is trading at $184.55, down […]

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UTA Expands Its Board, Adding Main Street Advisors CEO Paul Wachter And Nexus Management Group Founder Ceci Kurzman As Independent Directors; Wachter Replaces Jim Berkus As Chairman

UTA has expanded its board of directors, adding Main Street Advisors CEO Paul Wachter and Nexus Management Group founder Ceci Kurzman as independent members. Wachter is becoming board chairman, replacing UTA co-founder Jim Berkus. Wachter and Kurzman join 10 other board members, seven from within the company’s ranks and three from UTA investors. Via Main Street, Wachter has played a […]

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San Jose Home Prices Hit $1.3 Million

The home market may have softened in the past year. A tremendous ballooning of prices in most markets during the past two years and high mortgage rates have undercut the rate at which the home market has been soaring. In some markets, activity has slowed. In others, prices have started to fall. Despite these troubles, home prices in San Jose, […]

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